Sterling Infrastructure, Inc. (NASDAQ:STRL) Stock Has Average Target Price of $733.17

Key Points

• Analysts rate Sterling Infrastructure a “Moderate Buy”: Six of eight covering firms recommend buying the stock, while two rate it a hold. The average 12-month price target is $733.17.
• Recent results exceeded expectations: Sterling reported quarterly EPS of $5.80 versus the $5.01 consensus estimate, while revenue rose 90.4% year over year to $1.17 billion.
• Institutional ownership remains high: Hedge funds and other institutional investors own 80.95% of the company, with several firms increasing their positions during the third quarter.

Sterling Infrastructure, Inc. (NASDAQ:STRL - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $733.17.

STRL has been the topic of several recent analyst reports. Cantor Fitzgerald restated an "overweight" rating and set a $742.00 target price on shares of Sterling Infrastructure in a research report on Wednesday, October 14th. Zacks Research cut shares of Sterling Infrastructure from a "strong-buy" rating to a "hold" rating in a report on Friday, August 7th. DA Davidson started coverage on shares of Sterling Infrastructure in a research report on Friday, August 21st. They set a "buy" rating and a $700.00 price target for the company. Stifel Nicolaus decreased their price target on Sterling Infrastructure from $804.00 to $742.00 and set a "buy" rating on the stock in a research note on Thursday, October 8th. Finally, Wall Street Zen cut Sterling Infrastructure from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 5th.

Sterling Infrastructure Price Performance

Sterling Infrastructure stock opened at $423.48 on Tuesday. The company has a market cap of $12.95 billion, a P/E ratio of 30.53, a price-to-earnings-growth ratio of 1.48 and a beta of 1.86. Sterling Infrastructure has a one year low of $281.58 and a one year high of $1,005.68. The business has a fifty day moving average of $502.97 and a two-hundred day moving average of $620.47. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.11 and a current ratio of 1.11.

Sterling Infrastructure (NASDAQ:STRL - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The construction company reported $5.80 earnings per share for the quarter, topping analysts' consensus estimates of $5.01 by $0.79. Sterling Infrastructure had a net margin of 12.55% and a return on equity of 40.12%. The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $969.22 million. The firm's revenue for the quarter was up 90.4% on a year-over-year basis. Sterling Infrastructure has set its FY 2026 guidance at 19.700-20.300 EPS. As a group, analysts predict that Sterling Infrastructure will post 19.10 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sterling Infrastructure

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Washburn Capital Management Inc. boosted its holdings in Sterling Infrastructure by 25.5% in the third quarter. Washburn Capital Management Inc. now owns 590 shares of the construction company's stock valued at $290,000 after acquiring an additional 120 shares during the last quarter. Optivise Advisory Services LLC acquired a new stake in Sterling Infrastructure during the third quarter worth about $202,000. Elevated Financial Group LLC increased its stake in Sterling Infrastructure by 7.6% during the third quarter. Elevated Financial Group LLC now owns 3,678 shares of the construction company's stock worth $1,809,000 after acquiring an additional 260 shares during the last quarter. Encompass More Asset Management increased its stake in Sterling Infrastructure by 124.8% during the third quarter. Encompass More Asset Management now owns 1,353 shares of the construction company's stock worth $665,000 after acquiring an additional 751 shares during the last quarter. Finally, Vontobel Holding Ltd. increased its stake in Sterling Infrastructure by 44.5% during the third quarter. Vontobel Holding Ltd. now owns 1,202 shares of the construction company's stock worth $591,000 after acquiring an additional 370 shares during the last quarter. 80.95% of the stock is owned by institutional investors and hedge funds.

About Sterling Infrastructure

Sterling Infrastructure, Inc is a U.S.-based infrastructure services company that provides construction and specialty contracting solutions through three principal business segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions.

Its E-Infrastructure Solutions segment supports the development of data centers, advanced manufacturing facilities, energy and power infrastructure, and other large-scale industrial projects. Transportation Solutions provides construction and rehabilitation services for highways, roads, bridges, airports, rail and transit systems, and related public infrastructure.

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